Oil Again Leads Gold by the Nose – Rick Ackerman
Source: http://new.goldmau.com/article.php?id=574Posted on Friday, August 22nd, 2008 | In Market Commentary
Contributed by: John Lee (http://goldmau.com) -
Once again, crude is leading bullion around by the nose, causing the price of gold to track a presumably doomed energy rally that has been wrongly attributed to “tensions” between the U.S. and Russia.
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 About John Lee (http://goldmau.com)
Mr. Lee runs a successful resource focused hedge fund (limited partnership). He is a CFA charter holder and has degrees in Economics and Engineering from Rice University. Mr. Lee has a keen interest in the history of money and economics, and he previously studied under Mr. James Turk, a renowned authority on the gold market. Since 2001, Mr. Lee has researched hundreds of mining companies and personally met with dozens of management teams. He is a sought-after speaker at all major resource conferences and publisher of articles at various online news websites such as Kitco.com. |
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